Global Household Laundry Equipment Market Value Expected To Reach $75.7 Billion By 2023

Global Household Laundry Equipment Market Value Expected To Reach $75.7 Billion By 2023

Household Laundry Equipment Global Market Report 2020

LG Electronics Is One Of The Largest Players In The Household Laundry Equipment Market, According To The Business Research Company’s Household Laundry Equipment Global Market Report 2020

(Companies Covered: LG Electronics, Whirlpool Corporation, Haier Corporation, Electrolux AB, Panasonic Corporation, BSH Home Appliances Group, Haier Group Corporation, Miele, Siemens AG, Toshiba Corporation)

The global household laundry equipment market was worth $54.8 billion in 2019. It is expected to grow at a compound annual growth rate of 8.4% and reach $75.7 billion by 2023.

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The household laundry equipment consists of sales of household-type laundry equipment including household washing machines, dryers, ironers, and other laundry equipment.

Global Household Laundry Equipment Market Segmentation –
1) By Type: Washing Machines, Ironers, Dryers, Others – Household Laundry Equipment.
2) By Technology: Automatic, Semi-Automatic/ Manual and Others.
3) By Distribution Channel : Direct Selling, Retail, E-commerce and Others.

Global Household Laundry Equipment Market Driver –
Household laundry equipment manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy efficient appliances are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy efficient appliances.

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Few Points From The Global Household Laundry Equipment Market TOC
1. Executive Summary
2. Household Laundry Equipment Market Characteristics
3. Household Laundry Equipment Market Size And Growth
3.1. Global Household Laundry Equipment Historic Market, 2015 – 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Household Laundry Equipment Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Household Laundry Equipment Market Segmentation
4.1. Global Household Laundry Equipment Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Household Laundry Equipment Market Regional And Country Analysis
5.1. Global Household Laundry Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Household Laundry Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

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